Share Picks 2020

jams100

Tesla shares?
Overvalued, undervalued or about right?
Long term 24 months + I think there's still some value

whatever76

MSFT holding value and getting back to All time high again ; Sell or Hold ?

Shedite27

whatever76 wrote: »

MSFT holding value and getting back to All time high again ; Sell or Hold ?

Think I'll be adding to my MSFT holding, great company, prefer them to Apple or Netflix these days.

Bob24

Shedite27 wrote: »

Think I'll be adding to my MSFT holding, great company, prefer them to Apple or Netflix these days.

I like the company as well, they have came a long way in the past couple of years. Everyone knew Steve Balmer was holding back the company when he was CEO, but what they have became since he left really puts him to shame.

I have to say I am uneasy with the stratospheric valuation of the GAFAM stocks though. I see why those companies are valuable but when 5 companies make-up 20% of the market cap of the S&P500 it makes me uneasy (especially when you see that market cap is rising much faster than earnings).

But I must be too old fashioned :-)

Treppen

Holy Guacamole!

Aurora Cannabis ACB went from a basket case $1 to $10 on the back of this https://www.loudmouthnews.com/switzerlands-central-bank-bought-up-apple-ge-and-disney-stock-it-also-loaded-up-on-a-marijuana-stock/

Watch this space for others

RedRochey

Treppen wrote: »

Holy Guacamole!

Aurora Cannabis ACB went from a basket case $1 to $10 on the back of this https://www.loudmouthnews.com/switzerlands-central-bank-bought-up-apple-ge-and-disney-stock-it-also-loaded-up-on-a-marijuana-stock/

Watch this space for others

Did they not do a reverse stock split?

voluntary

Lads, I noticed for example AIB shares are listed one Irish (A5G.IR) and London (AIBG.L) stock exchanges.
Is buying on LSE instead of ISE a way to avoid the Irish Stamp Duty?

littlevillage

voluntary wrote: »

Lads, I noticed for example AIB shares are listed one Irish (A5G.IR) and London (AIBG.L) stock exchanges.
Is buying on LSE instead of ISE a way to avoid the Irish Stamp Duty?

Put in a test buy ...and all the charges will come up before you have to hit confirm.

Bob24

voluntary wrote: »

Lads, I noticed for example AIB shares are listed one Irish (A5G.IR) and London (AIBG.L) stock exchanges.
Is buying on LSE instead of ISE a way to avoid the Irish Stamp Duty?

I think you’ll get similar stamp duty buying it on the LSE (just tried on DEGIRO).

I don’t know whether it is because the LSE has its own stamp duty anyway (it isn’t just an Irish thing, at least London and Paris have something similar); or whether if it might be that the Irish stamp duty is applied on foreign exchanges for Irish stocks. But either way you are cornered.

voluntary

Anyone understands the reason behind the Stamp Duty on Irish shares anyways? It's like a policy telling Irish people: don't invest in Irish businesses, you can invest in foreign businesses but if you invest in Irish business then we'll charge you a Stamp Duty.

An anti national-interest policy, isn't it?

Bob Harris

voluntary wrote: »

Anyone understands the reason behind the Stamp Duty on Irish shares anyways? It's like a policy telling Irish people: don't invest in Irish businesses, you can invest in foreign businesses but if you invest in Irish business then we'll charge you a Stamp Duty.

An anti national-interest policy, isn't it?

It's f**king stupid is what it is along with their CGT tax exemption of 1270.
Hailed as progressive in so many ways and so utterly backward in others.

Treppen

RedRochey wrote: »

Did they not do a reverse stock split?

Ya sorry my bad.

At least they didn't get delisted... yet. I'm just glad I got out thinking I was taking a hit at $7

Bob24

voluntary wrote: »

Anyone understands the reason behind the Stamp Duty on Irish shares anyways? It's like a policy telling Irish people: don't invest in Irish businesses, you can invest in foreign businesses but if you invest in Irish business then we'll charge you a Stamp Duty.

An anti national-interest policy, isn't it?

The electoral justification for this type of tax probably is that it is a way to force-tax the finance industry (which has a tendency for tax evasion). Whether it makes sense, I don't have a strong opinion.

Another more technical justification which I think actually makes sense is to slow down the stock market, limit high frequency trading, and encourage more long term holdings. I think that actually would be good to make the market less of a speculative casino and more of a funding mechanism for the economy.

But yeah, in any case as you said it only makes sense if this is done globally - if it is specific to a handful of countries it just makes national stock markets less attractive in those countries.

breadmonster

i see ryanair plan to be back in the sky by july (with 40% of flights)
https://www.reuters.com/article/us-health-coronavirus-ryanair-hldgs-idUSKBN22O0QG

Maybe IAG could be worth a punt also as i guess these will all start coming back online around the same time.
Have you bought into airlines or avoiding them completely? could be dead money for a while also, hard to know.

codrulz

breadmonster wrote: »

i see ryanair plan to be back in the sky by july (with 40% of flights)
https://www.reuters.com/article/us-health-coronavirus-ryanair-hldgs-idUSKBN22O0QG

Maybe IAG could be worth a punt also as i guess these will all start coming back online around the same time.
Have you bought into airlines or avoiding them completely? could be dead money for a while also, hard to know.

I'd rather miss the first 5/10% and then jump in, instead of having the money sit idle at best in airlines for the next while. It will also be a long while before the airlines see a good level of normality or profitability IMO.

voluntary

**** finally hitting the fan?

Edit:
*Scheisse

Fol20

Any thoughts on VTIQ and the merger?

Lex Luthor

MGI up double figure % yesterday

Bob Harris

Fol20 wrote: »

Any thoughts on VTIQ and the merger?

Hoping it goes through and I can exercise my warrants for $11.50. Crazy action the last few days. My hope/feeling is that if it gets to list it'll take off like Tilray or Beyond Meat.

If what they claim about their order book is true and they can deliver then a good chance it'll go up significantly.

Shedite27

Fol20 wrote: »

Any thoughts on VTIQ and the merger?

Bought this yesterday, 10% up this morning. Sounds like a good Tesla play.

Thargor

Beyond Meat is unstoppable.

Shedite27

Thargor wrote: »

Beyond Meat is unstoppable.

Meat is dead

jams100

Anyone see value in Bank of Ireland shares?
I say that as the shares have fallen nearly 74% (year to date).
Considering we are largely getting the coronavirus under control I can see our domestic economy returning to some sort of new normal in the next 2-3 months.
Of course the economy has tanked but Irish banks have most likely been prudent with lending since 2008 you'd imagine?
Seems like a decent long term investment to me anyway
Thoughts?

BrokenArrows

jams100 wrote: »

Anyone see value in Bank of Ireland shares?
I say that as the shares have fallen nearly 74% (year to date).
Considering we are largely getting the coronavirus under control I can see our domestic economy returning to some sort of new normal in the next 2-3 months.
Of course the economy has tanked but Irish banks have most likely been prudent with lending since 2008 you'd imagine?
Seems like a decent long term investment to me anyway
Thoughts?

People have been saying they would be a good long term investment for the past 12 years. They have been wrong.

jams100

BrokenArrows wrote: »

People have been saying they would be a good long term investment for the past 12 years. They have been wrong.

Fair point but the share price was clearly inflated 12 years ago. The last 5 years would be a better reflection of there actual value?
(Obviously there are other factors and caveats to there future value)

Bob24

jams100 wrote: »

Anyone see value in Bank of Ireland shares?
I say that as the shares have fallen nearly 74% (year to date).
Considering we are largely getting the coronavirus under control I can see our domestic economy returning to some sort of new normal in the next 2-3 months.
Of course the economy has tanked but Irish banks have most likely been prudent with lending since 2008 you'd imagine?
Seems like a decent long term investment to me anyway
Thoughts?

I don’t see how EZ banks can make any significant profit given current and upcoming monetary policies. So I wouldn’t touch any of them as a long term investment.

There are many other better opportunities out there (if you are looking for a safe and solid long term investment, go for Nestlé or a similar company which has been around for ages, is managed very well and safely, has a clear business model and safe market, and is very resilient).

Plus on your statement that we are largely getting the coronavirus under control I’d personally disagree for 2 reasons:
1) on the health front I don’t know, it is under control with lockdowns but we still don’t have a treatment or a vaccine, and countries relaxing lockdowns seem to be struggling. So we could be getting there but we could also be in this for another few months of successive waves - at this stage my view is that it is impossible to know.
2) in terms of the financial and economic consequence (which is relevant here), even if the virus was to disappear today their would be massive consequence with a long term impact which is just starting.

patsy_mccabe

Shares took some hammering today. Is this the start of another downward spiral?

ShareShare

patsy_mccabe wrote: »

Shares took some hammering today. Is this the start of another downward spiral?

The recovery or whatever the next few months are will have plenty of wild swings. I would not bother to guess if its going to be many days or not. The goverments are all pushing money into the markets so i'd never bet against a united world/checkbook. There will be lots of swing days and even week long dips and highs.

The last few days wiped out most gains I had in my portfolio since taking a position. So a week or two gets lost in 3 days. Pretty normal stuff in any turbulent time. Lots of markets starting to open again and we'll get a good run of summer business so im not too fussed about weekly changes (even if they are scary!)

Taylor365

The REITS!


My poor boy!

Shedite27

jams100 wrote: »

Anyone see value in Bank of Ireland shares?
I say that as the shares have fallen nearly 74% (year to date).
Considering we are largely getting the coronavirus under control I can see our domestic economy returning to some sort of new normal in the next 2-3 months.
Of course the economy has tanked but Irish banks have most likely been prudent with lending since 2008 you'd imagine?
Seems like a decent long term investment to me anyway
Thoughts?

Few thoughts posted here
https://www.boards.ie/vbulletin/showthread.php?t=2056460512&page=47